Is fixed pitch, 4 channel, single rotor really the best way to start out?
From what I have read, this is the starting point for learning(true) hovering technique.
They say that less than 4 channel control or co-axial rotors do not simulate helicopter flight.

OR

Is the real question: Do I want a toy to play with or something that truly simulated helo flight?

There are many different opinions to answer your question. I recommend starting with a 4 channel Co-Ax. Some will suggest you skip the Co-Ax and go straight for what you described, 4 channel Single Rotor Fixed Pitch, which should be your second heli.

Think of your first heli as sort of a sacrificial trainer, which will probably have a few crashes and repairs. So availability of parts might affect your heli choice. Co-Ax is easier than Single Rotor, so you have a better chance of staying in the hobby, and not quitting out of frustration. Even Co-Ax has a learning curve that can be challenging at first.

Thanks for the insight, Beachcomber.

It really depends on what you want and how much money you want to spend on a heli. I see nothing wrong with going to smaller helis, I like them. I even bought my mom one of those coast guard helis. I am just starting out myself, and I did loads of research to find the heli that was good for beginners and even 3D so I picked a Raptor 50, it can get very expensive for nitros.

Get whatever you like that builds your confidence up and fits your pocket book..

No less than a 4-channel of some sort, if you are serious.

The co-ax will hover very well. So you can get it in the air and around the house with a little bit of effort. With the co-ax you can learn orientation (tail-in, side-in, nose-in).

The fixed pitch will be more of a handful, and there's a learning curve in getting it to just hover. The FP will better prepare you for CP, but you will crash a replace parts a lot.

What's your frustration level?

-Dave

I also recommend skipping the coaxials because you won't learn anything from it. If you want help in orientation just practice with FMS (free). The money you save can help you buy the best single-rotor heli (whether FP or CP) you can afford.

But let's not forget the original objective is to have fun. And Co-Ax is fun. Even if it doesn't "train" you to fly more advanced helis, it will go a long way getting you hooked on a great hobby.